Delivery of Escrow. The Escrow Agent hereby acknowledges receipt from each Seller, [K] Investments and [K] Holdings of the Escrowed Certificates. The Escrow Agent shall establish at its offices located at [4 N▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇] a secure location in which it shall hold the Escrowed Certificates. The Escrow Agent agrees to hold and release of the Escrowed Certificates, and to act as Escrow Agent, in accordance with all the terms, conditions and provisions of this Agreement.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Jaharis Mary), Stock Purchase Agreement (Kos Pharmaceuticals Inc)